19 Gorham Street, Tingalpa QLD 4173

A PRIZED DEVELOPMENT OF THREE BRICK AND TILE UNITS PRESENTED IN EXCELLENT CONDITION BY CARING OWNERS. THE PROPERTY WILL EXCITE THE ASTUTE INVESTOR REQUIRING STRONG CAPITAL GROWTH AND SOLID RETURN. On separate titles (no body corporate fees) the property has an A1 location within minute walking distance to shopping facilities and parkland with the Gateway Motor Way providing ease of access to the CBD of Brisbane and the recreational facilities on the Gold Coast. Comprising a three bedroom penthouse style unit and 2 x 2 bedroom ground floor units they are advantaged by laundry facilities and individual lock up garages. Under leases each unit is underlet due to long term quality tenants and currently returning $57,720.00 and a current leasing appraisal indicating a return of $67,600.00 pa available with outgoings on request. The development was built in 1980 and sits on 610 sqm of land. OUR RETIRING SELLERS ARE KEEN TO SELL AND WILL CONSIDER OFFERS OVER $1,300,000
Enquiries to Andrew Sim 0426 582 818